HomeEvent NewsPressure mounting to harmonise the European power market

Pressure mounting to harmonise the European power market

Europe’s foremost energy trading experts, including the European Commission’s Energy Cabinet, many energy trading firms such as Vattenfall Energy Trading and E.ON Energy Trading, regulators and international banks such as the Dutch ABN Amro will get together in Amsterdam this week for the annual Emart Energy 2010 conference and exhibition.  The harmonisation of the power, gas and renewable energy markets, while reducing greenhouse gas emissions, is at the top of the agenda from 24-25 November, during what is Europe’s largest platform for energy traders.  

Emart Energy 2010 conference producer Nel Jonk says market transparency, integrity and supervision are vital when discussing the future of energy markets:  “Without doubt much discussion will focus on the DG Energy´s determination to create a tailor-made energy sector legislation and regulators intention to supervise the energy markets,” says Nel, “but consideration will be given also to DG Markets proposals to regulate OTC derivatives markets. There will be plenty of food for thought since by November new legislatory proposals and consultations have been posted.”

Harmonisation of the energy markets
The chairman of the European Federation of Energy Traders, Paul van Son, says market participants are eager to understand how “target models” may work out, that have been discussed and determined in the Florence and Madrid Forums offering a pan-European wholesale market design for introduction by 2015.  During Emart Energy, our focus will, thus, be on the question how harmonisation of the power, gas and renewable energy markets can and will be realised in the coming years”.

Pre-Cancun discussion
The 16th UN Conference on Climate Change is scheduled to take place in Cancun, Mexico, just one week after EMART Energy 2010. Developments after Copenhagen will be discussed in Amsterdam and expert panels will look at what is to be expected of the Cancun Conference and what the key issues, bottlenecks and the consequences for the market mechanisms are.

Speaker and session highlights at Emart Energy 2010 include:

  • Opening session:  Impact Renewable Energy in Wholesale Power Market
    • Stephen Asplin, Managing Director, Vattenfall Energy Trading
    • Tony Cocker, CEO, E.ON Energy Trading
    • Bert den Ouden, CEO, APX-ENDEX
    • Tadhg O’Briain, DG Energy, European Commission
    • Paul van Son, CEO, Dii and Chairman of EFET
    • Pamela Taylor, Head of European Strategy and Environment, OFGEM
    • Yvo de Boer, Special Global Advisor, Climate Change & Sustainabiliy, KPMG and former Executive Secretary of UNFCCC
    • Walter Boltz, Chairman, E-Control
    • Jaime Roman, Director, Endesa
    • Heinrich Hick, Member of Cabinet, DG Energy, European Commission
    • Johannes Kindler, Vice President, Bundesnetzagentur, Germany

Session topics

Power trading

  • Capacity Calculations & Allocation
  • Day-Ahead Market Coupling
  • Future & Forward Markets

Gas trading

  • EU Gas Market Design
  • Gas Transportation and market mechanisms
  • Gas Hubs: the next Phase
  • LNG, Storage & Trading

Legal & Risk Management

  • Evolving role of risk management and financial markets in the energy sector

Emissions Trading

  • Preview Cancun Conference
  • EU ETS (Auctioning)
  • International Carbon Market

Market integrity & transparency

  • Future of energy trading markets: A change for the better?
  • Tailor-made market integrity regime vs. financial market regulation

Event dates and location:  24-25 November 2010, Amsterdam RAI, Europaplein, Amsterdam

Event website:  www.emart-energy.com

For the programme, interviews and media accreditation:
Communications manager:  Annemarie Roodbol
Tel.  +27 21 700 3558
Fax.  +27 21 700 3501
Mobile  +27 82 562 7844
Email:  annemarie.roodbol@clarionevents.com